Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Gold Royalty Corp (AMEX: GROY) closed at $1.41 in the last session, down -2.08% from day before closing price of $1.44. In other words, the price has decreased by -$2.08 from its previous closing price. On the day, 1.79 million shares were traded. GROY stock price reached its highest trading level at $1.46 during the session, while it also had its lowest trading level at $1.41.
Ratios:
We take a closer look at GROY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.09.
On June 29, 2023, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $3.Scotiabank initiated its Sector Outperform rating on June 29, 2023, with a $3 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GROY now has a Market Capitalization of 240362688 and an Enterprise Value of 292995200. For the stock, the TTM Price-to-Sale (P/S) ratio is 23.80 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at 29.001 whereas that against EBITDA is -403.02.
Stock Price History:
The Beta on a monthly basis for GROY is 0.79, which has changed by -0.2914573 over the last 52 weeks, in comparison to a change of 0.101756096 over the same period for the S&P500. Over the past 52 weeks, GROY has reached a high of $2.21, while it has fallen to a 52-week low of $1.16. The 50-Day Moving Average of the stock is 0.93%, while the 200-Day Moving Average is calculated to be 4.06%.
Shares Statistics:
According to the various share statistics, GROY traded on average about 1.08M shares per day over the past 3-months and 2147050 shares per day over the past 10 days. A total of 170.21M shares are outstanding, with a floating share count of 141.66M. Insiders hold about 16.90% of the company’s shares, while institutions hold 12.88% stake in the company. Shares short for GROY as of 1741910400 were 6118082 with a Short Ratio of 5.68, compared to 1739491200 on 6226034. Therefore, it implies a Short% of Shares Outstanding of 6118082 and a Short% of Float of 4.24.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
